[NESTLE] QoQ Annualized Quarter Result on 31-Mar-2003 [#1]

Announcement Date
30-Apr-2003
Admission Sponsor
-
Sponsor
-
Financial Year
31-Dec-2003
Quarter
31-Mar-2003 [#1]
Profit Trend
QoQ- 18.34%
YoY- 13.94%
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Annualized Quarter Result
31/12/03 30/09/03 30/06/03 31/03/03 31/12/02 30/09/02 30/06/02 CAGR
Revenue 2,656,989 2,671,397 2,661,992 2,621,232 2,479,649 2,624,796 2,702,644 -1.12%
PBT 202,117 212,338 230,450 286,924 234,204 267,572 267,544 -17.00%
Tax -40,128 -46,609 -59,410 -70,844 -51,619 -56,998 -68,846 -30.15%
NP 161,989 165,729 171,040 216,080 182,585 210,573 198,698 -12.69%
-
NP to SH 161,989 165,729 171,040 216,080 182,585 210,573 198,698 -12.69%
-
Tax Rate 19.85% 21.95% 25.78% 24.69% 22.04% 21.30% 25.73% -
Total Cost 2,495,000 2,505,668 2,490,952 2,405,152 2,297,064 2,414,222 2,503,946 -0.23%
-
Net Worth 304,843 269,701 316,567 403,274 361,136 377,587 375,167 -12.89%
Dividend
31/12/03 30/09/03 30/06/03 31/03/03 31/12/02 30/09/02 30/06/02 CAGR
Div 176,340 109,443 164,145 - 191,355 93,810 140,687 16.20%
Div Payout % 108.86% 66.04% 95.97% - 104.80% 44.55% 70.80% -
Equity
31/12/03 30/09/03 30/06/03 31/03/03 31/12/02 30/09/02 30/06/02 CAGR
Net Worth 304,843 269,701 316,567 403,274 361,136 377,587 375,167 -12.89%
NOSH 234,494 234,522 234,494 234,461 234,504 234,526 234,479 0.00%
Ratio Analysis
31/12/03 30/09/03 30/06/03 31/03/03 31/12/02 30/09/02 30/06/02 CAGR
NP Margin 6.10% 6.20% 6.43% 8.24% 7.36% 8.02% 7.35% -
ROE 53.14% 61.45% 54.03% 53.58% 50.56% 55.77% 52.96% -
Per Share
31/12/03 30/09/03 30/06/03 31/03/03 31/12/02 30/09/02 30/06/02 CAGR
RPS 1,133.07 1,139.08 1,135.21 1,117.98 1,057.40 1,119.19 1,152.61 -1.13%
EPS 69.08 70.67 72.94 92.16 77.86 89.79 84.74 -12.70%
DPS 75.20 46.67 70.00 0.00 81.60 40.00 60.00 16.19%
NAPS 1.30 1.15 1.35 1.72 1.54 1.61 1.60 -12.89%
Adjusted Per Share Value based on latest NOSH - 234,461
31/12/03 30/09/03 30/06/03 31/03/03 31/12/02 30/09/02 30/06/02 CAGR
RPS 1,133.04 1,139.19 1,135.18 1,117.80 1,057.42 1,119.32 1,152.51 -1.12%
EPS 69.08 70.67 72.94 92.14 77.86 89.80 84.73 -12.69%
DPS 75.20 46.67 70.00 0.00 81.60 40.00 59.99 16.21%
NAPS 1.30 1.1501 1.35 1.7197 1.54 1.6102 1.5999 -12.89%
Price Multiplier on Financial Quarter End Date
31/12/03 30/09/03 30/06/03 31/03/03 31/12/02 30/09/02 30/06/02 CAGR
Date 31/12/03 30/09/03 30/06/03 31/03/03 31/12/02 30/09/02 28/06/02 -
Price 21.80 21.00 20.50 20.20 20.00 20.20 20.50 -
P/RPS 1.92 1.84 1.81 1.81 1.89 1.80 1.78 5.16%
P/EPS 31.56 29.72 28.11 21.92 25.69 22.50 24.19 19.34%
EY 3.17 3.37 3.56 4.56 3.89 4.44 4.13 -16.12%
DY 3.45 2.22 3.41 0.00 4.08 1.98 2.93 11.47%
P/NAPS 16.77 18.26 15.19 11.74 12.99 12.55 12.81 19.61%
Price Multiplier on Announcement Date
31/12/03 30/09/03 30/06/03 31/03/03 31/12/02 30/09/02 30/06/02 CAGR
Date 26/02/04 02/01/04 06/08/03 30/04/03 27/02/03 06/11/02 21/08/02 -
Price 22.10 21.80 20.80 20.00 19.50 19.30 20.30 -
P/RPS 1.95 1.91 1.83 1.79 1.84 1.72 1.76 7.05%
P/EPS 31.99 30.85 28.52 21.70 25.04 21.50 23.96 21.18%
EY 3.13 3.24 3.51 4.61 3.99 4.65 4.17 -17.36%
DY 3.40 2.14 3.37 0.00 4.18 2.07 2.96 9.65%
P/NAPS 17.00 18.96 15.41 11.63 12.66 11.99 12.69 21.45%

PBT = Profit before Tax, NP = Net Profit, NP to SH = Net Profit Attributable to Shareholder, Div = Dividend, NP Margin = Net Profit Margin, ROE = Return on Equity, NOSH = Number of Shares, RPS = Revenue per Share, EPS = Earning Per Share, DPS = Dividend Per Share, NAPS = Net Asset Per Share, EOQ = End of Quarter, ANN = Announcement, P/RPS = Price/Revenue per Share, P/EPS = Price/Earning per Share, P/NAPS = Price/Net Asset per Share, EY = Earning Yield, DY = Dividend Yield.

NOSH is estimated based on the NP to SH and EPS. Div is an estimated figure based on the DPS and NOSH. Net Worth is an estimated figure based on the NAPS and NOSH.

Div Payout %, NP Margin, ROE, DY, QoQ & YoY figures in Percentage; RPS, EPS & DPS's figures in Cent; and NAPS's figures in Dollar.

All figures in '000 unless specified.

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